Saw BitGo on the official account: OKX has connected “off-exchange settlement” to its international side of the Go Network—eligible institutions outside the US can use OKX International exchange liquidity while continuing to keep their collateral assets in a new Singapore BitGo (MAS-licensed) segregated custody, without first transferring the coins to an exchange.
This parallels the setup from earlier this year on the US leg (via BitGo Bank & Trust). The model is the same: separate custody, trading, and settlement. The official post states support for ADA/BTC/ETH/LTC/SOL/USDC/USDT/XRP, and the insurance coverage on the Singapore custody side is noted as about $250 million. Media outlets such as FOW also followed the expansion on 10/2.
As institutions become increasingly reluctant to leave large amounts of assets sitting in exchange accounts, this “coins in custody, trading on the exchange” structure will become more common.
$BTC $ETH #机构托管 #OKX
This parallels the setup from earlier this year on the US leg (via BitGo Bank & Trust). The model is the same: separate custody, trading, and settlement. The official post states support for ADA/BTC/ETH/LTC/SOL/USDC/USDT/XRP, and the insurance coverage on the Singapore custody side is noted as about $250 million. Media outlets such as FOW also followed the expansion on 10/2.
As institutions become increasingly reluctant to leave large amounts of assets sitting in exchange accounts, this “coins in custody, trading on the exchange” structure will become more common.
$BTC $ETH #机构托管 #OKX
